Why keep it secret until ready for beta?

Imagine hundreds of people saying "is it done yet, is it done yet, is it done yet, is it done yet, is it done yet, is it done yet, is it done yet, ?"

Or worse than that get people screaming "fake" You cant do that "because"

From what I understand when the Fanjita loaders is released you'll hear about it pretty much straight away.

As for the psp thing. Not sure if this was a loader/downgrader/ Kernel mode exploit. There was a thread with a leak. But not real explaination of what it's supposed to do. Best to wait until train2335 has something to release